Question

Which of the following is one of the typical approaches to justify a data warehouse project?

a.

Use intuition and potential competitive pressures without formal justification.

b.

Calculate the business value of the data warehouse.

c.

Include all tangible and intangible benefits.

d.

Calculate the ROI without considering costs.

Posted under Data Warehousing and OLAP

Answer: (b).Calculate the business value of the data warehouse. Explanation:Calculating the business value of the data warehouse is one of the typical approaches for justifying the project. This approach involves estimating the financial impact of the data warehouse on business metrics such as profits, revenue growth, market share, and cost reduction. It provides a clear rationale for the project's investment.

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Q. Which of the following is one of the typical approaches to justify a data warehouse project?

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